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[Makata]'s Guide to Rings 'N' ThingsThis thread contains better details about the buff rings you are using to help you pick rings for out uses and for you own uses.
Buff Rings:Adrenaline - A ring which is used to increase your ally's dodge stat. It's like giving everybody (but yourself) an extra "Ghost" buff.
Improbability Sphere - Allows your allies to reflect (not deflect, like teflon spray or pot lid) damage, which means that, periodically, part of an incoming attack is deflected back at the attacker, reducing the overall damage you take.
Iron Will - Increases your "Willpower" stat, which decreases the chances you'll be affected by willpower-based status effects and increases the chance that you can use them on enemies. (Like Taunt, Quicksand, Duct Tape, etc.)
Knife Sharpen - This ring increases an ally's accuracy stat. It's like applying an extra Keen Aye buff to everyone (but yourself) in your crew. Also useless like Keen Aye.
My Density - Increases your "Weight" stat, which lowers your center of gravity, making it harder for monsters to knock you back. This buff only costs a small amount of stamina to use, but also has a very short duration. It can also be used on yourself or any of your allies.
Rock Armor - This ring increases an ally's defensive power for a long duration, but cannot be used on yourself. This ring is almost a MUST for boss battles. Having two people with this ring in your crew is highly advised whenever you can coordinate buffs. A full crew of people with R4 Rock Armor is essentially unbeatable.
Teflon Spray - A buff which adds both a moderate amount of defense and deflection, making it a weaker hybrid of rock armor and pot lid. This ring can be used on yourself and allies and is very impressive for crewing or soloing normal monsters. Bosses can rip through this buff like paper though.
Bandage - Heals your target slowly over time during five "ticks". More rage yields more hp restored per "tick." Restores more overall hp than diagnosis per use. A quick cooldown and stamina cost makes this the perfect ring for healing yourself.
Wish - Restores a portion of HP to a crew member of your choice by making a wish on a dandelion. This ring has a short cooldown and restores a moderate amount of HP for a low stamina cost to a single target from a long range.
